OXY day


Athens, Greece - July 5, 2015

After months of extensive negotiations, the Greek crisis has reached a point both delicate and fundamental: the Greek government, in the face of austerity measures required from the Eurogroup has decided to choose its economic fortunes through a popular referendum launched by the Tsipras party.

Within 6 days prior to July 5, hundreds of cash machine remained cashless in Athens, while uncertainty about future developments of the Greek crisis has prompted more people to withdraw their money from banks.
During the weekend of 20 and 21 June 2015 have been withdrawn 1.3 billion euro from the Greek cash machines.
A population already tried by years of budget cuts for the first time is having to deal with the closure of banks, accepting the new limits on the movement of capital with a mixture of disbelief and resignation.

In the days before the referendum, 13,000 citizens took to the streets in Athens and another 4,000 in Thessaloniki to protest in favor of the no on the agreement with eurozone countries that would save Greece from bankruptcy when June 30, 2015 had expired the term to repay 1.6 billion to the Fund and the term to the international bailout.

On July 5, 2015, with a majority of more than 61% of the voters, the greek people voted against the new measures Austerity Eurogroup taxes.